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Dec 3, 2013 9:00am EST
the state law that allowed that, call it basically a bald faced takeover of the city's finances and the city's democracy, but that he says is not necessarily an issue in the case. the issue is that of good faith bargaining. that's the key, that's coming up, and we're monitoring it. back to you. >> scott, we'll come back to you as the minutes unfold. >> it's a well known fact that december or at least the last week of december is on positive for equities. but what is ahead for ipos for the rest of the year. >> reporter: simon, 2013 has been a strong year for the ipo market. according to renaissance capital, 209 deals have price thundershower yepriced this year. from now to year end nine ipos are expected to price in december seeking $4.6 billion in total proceeds. this would put 2013 on track for the most ipos in six years. some of the notable companies expected to ipo this month include catch mark, timber trust, aeromark holdings and hilton world wide. hilton is expected to be the biggest ipo raising 2.2 to $2.4 billion, expected to go public under the sticker symbol hlt. there are plenty of
Dec 6, 2013 9:00am EST
, which was the public view portion of it, which is one of the last remaining law that you're not supposed to do. >> how would you argue it has changed the washington economy, for better i assume? >> currently we don't have retail stores. we'll have licensed shops and grows in about six months. so the economy hasn't greatly changed that much at this point. but it will. the state predicts we'll have at least $250 million coming in from tax revenues from this. so most of that is going to be going to health care and early learning, things like that. >> it will significantly change the economy in the next six months. >> you got the seahawks going for you and this. dress warm. >> exactly. >> thanks, ben. >> thank you. >> during the middle of that interview, somebody said with great authority when you're stoned, you don't feel the cold. i don't know if that helps at all. >> the u.s. economy added 203,000 jobs in the month of november. are we moving closer to the fed taper? chief economist jan hatzius is here after this quick break. [ music transitions to rock ] make it happen with the all-new fi
Dec 4, 2013 9:00am EST
of law. >> well, the detroit decision obviously was sad for the people who came to depend on pose those pensions but it's good for democracy. you can't have in a city or town, cronies getting together and awarding themselves fat pensions they don't pay for and having the liability then become the liability of people who were not even party to the bargain. in this case, if the judge had upheld the pensions, ultimately they probably would have become the liability of people all across michigan who had nothing to do with setting these liabilities in the first place. so the decision does tell cities that you have to be responsible when setting pension promises and if you aren't responsible, you can look forward to something like this where you have to default. >> now let's look in the rear view mirror. what are your opinions on how detroit ended up in bankruptcy? >> well, detroit is a remarkable story of urban decline. it's lost three-quarters of its population. it's a big empty place. i don't think that was just some kind of natural industrial revolution. you think about the car industry s
Dec 9, 2013 9:00am EST
tech companies, teaming up in hopes the government will reform practices and laws regulating surveillance of individuals. it comes on the heels of leaked documents that show surveillance of users through online games datinging back to 2008. this has been going on for five year? >> yeah. one of the interesting things about this call for surveillance reform is who's not signed on. no apple, no amazon on other big names in the digital economy on here. so that's interesting. but also here, over the months there's been a shift in attention. everybody was concerned about china, right, google versus china, microsoft had issues. but there's this broader conversation. file like they don't want to point their fingers directly at u.s. government because that's uncouth but people in silicon valley ticked off about the nsa surveillance, what's happening as far as tapping data at the source. i mean the methods that have been used to get this information, they're unhappy about it, looking for change. >> the defense, though, during the beginning of the nsa surveillance leak back in june, we
Dec 5, 2013 9:00am EST
roof and the same with in-laws. i don't know if you ever stayed with in-laws or with mom and dad, right. >> that's been argument for a whi while. if you can, you will get out. although i don't know, we'll see the latest gdp number revised, showed it came down a little bit from construction, i believe. >> i know. and there's people in the near fix. the number is good. under 300. there's a boom happening in some parts of the country. most people okayed in texas. you start to see a pattern. this oil and gas revolution that we're talking about every day, it's starting to appear in the numbers. >> which has not happened so far. a big nice people in "the washington post" about why oil and gas has not been a big jobs driver. >> not yet, but mohawk just announced expansion of plants in dalton. i mentioned that only because you're starting to see jobs being created in the southeast. some people in texas would say, jim, look at the map. but what i see is that it's beginning. this is the largest construction project for our country, starting to really see billions and billions of dollars needs to
Search Results 0 to 4 of about 5